XML 46 R33.htm IDEA: XBRL DOCUMENT
v3.7.0.1

FINANCING RECEIVABLES (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2017
Receivables [Abstract] |
Institutional Loan Balances and Related Allowances for Credit Losses | The following table details the institutional loan balances along with the related allowances for credit losses as of June 30, 2017 and 2016 (in thousands).
|  | June 30, |
|  | 2017 |  | 2016 |
Gross Institutional Loans |  |  |  |  | $ | 59,489 |  |  |  |  | $ | 69,825 |
Allowance for Credit Losses: |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at July 1 |  | $ | (20,800) |  |  |  |  | $ | (20,630) |  |  |  |
Charge-offs and Adjustments |  |  | 17,949 |  |  |  |  |  | 7,388 |  |  |  |
Recoveries |  |  | (573) |  |  |  |  |  | (461) |  |  |  |
Additional Provision |  |  | (8,647) |  |  |  |  |  | (7,097) |  |  |  |
Balance at End of Period |  |  |  |  |  | (12,071) |  |  |  |  |  | (20,800) |
Net Institutional Loans |  |  |  |  | $ | 47,418 |  |  |  |  | $ | 49,025 |
Credit Risk Profiles of Institutional Student Loan Balances | The following tables detail the credit risk profiles of the institutional loan balances based on payment activity and analysis of past due institutional loans as of June 30, 2017 and 2016 (in thousands).
|  | June 30, |
|  | 2017 |  | 2016 |
Institutional Loans: |  |  |  |  |  |  |
Performing |  | $ | 48,731 |  | $ | 50,045 |
Nonperforming |  |  | 10,758 |  |  | 19,780 |
Total Institutional Loans |  | $ | 59,489 |  | $ | 69,825 |
Institutional Student Loans Past Due |
|  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90-119 Days Past Due |  | Greater Than 120 Days Past Due |  | Total Past Due |  | Current |  | Total Institutional Loans |
Institutional Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2017 |  | $ | 7,538 |  | $ | 2,234 |  | $ | 651 |  | $ | 10,758 |  | $ | 21,181 |  | $ | 38,308 |  | $ | 59,489 |
June 30, 2016 |  | $ | 8,038 |  | $ | 1,512 |  | $ | 924 |  | $ | 19,780 |  | $ | 30,254 |  | $ | 39,571 |  | $ | 69,825 |

X
- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953401-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration